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How to make money by selling logos and banners without any image design skills!
So you may know just how profitable the banner and logo design industry can be. Over the years we've seen many ways in which people can make money from selling and providing banner and logo creation. But you might be surprised to now that a large percentage of those seller and providers don't even own or lay a finger on an image creation tool/software like Photoshop. Shock horror! So how are they doing this? How can they sell and provide a banner and logo design service
and not have any image design and creation skills and yet keep their buyers happy at the same time?
Logo Arbitrage Outsourcing
Okay so here's the deal, you can find many logo, banner ad creation services on micro sites like SEOClerks, and on here etc. And some other freelance marketplaces for which I wont even mention. On those sites you can find logo and banner ad creation services for as low as $5. These are often by the people that DO have the skills and abilities and talents to create nice looking logos and banners quite easily. They just fire up Photoshop or something, create a blank canvas and import some elements, add a word (brand name) etc and then just play around with some filters and stuff and voila! They can knock out a nice looking logo.
Now the trick is to finding the clients for these services. To do that you would have to advertise that service on here as a service, or SEOClerks and other freelance sites where you can get that type of thing. Then people can buy that service, give you the details of what they need, and then all you need to do is go to one of these services that sell it for around $5, buy it, give them the details, wait for them to do it, then when they deliver it, you deliver this to your client. If the client is happy with the work, you get paid.
Of course, when it comes to logo and banner design, not everyone will be happy with their logo. Fortunately, most sellers provide free unlimited revisions. So you can go back to the buyer and then ask them to change it. It could be something as small as making a small change to the font, styling, colors or other elements used in that logo. Chances are they will since they want you to be happy and want to get paid. Then when they redeliver it again, you again go back to your buyer and deliver the work to them. Then when they are happy, then you get paid. And you never even touched an image design and creation tool yourself!
The trick here though is to sell your logo design service for more than you paid for it. The only thing here is that most people only usually like to pay around $5 for a logo. A little more if they're buying a banner and something else as well. But some people are happy to pay more for it from $10 to $20+ if they think it's going to be good. Now if you sell your logo design service for $10 and only pay $5 for one, well that's $5 profit right there. (More like $4 after fees). It doesn't sound like much but if your service is popular and you get a lot of orders, the profits can really stack up!
Where to find people who want to logos designed?
There are many places you can find these people too. One of the main best places is SEOClerks WTB's. There are usually always people creating a WTB (Want To Buy) requesting a logo to be designed for them. You can bid on their WTB with a price that's a little more that you would pay for it. If you use words like "professional" and "high quality" etc, then you can put the price up a little bit more. And in fact, by pricing your service a little higher, this adds value to it as well.
One other place which is a great resource to find people who want to buy logos and other images of all kinds is Craigslist and Backpage. These are classified ad sites and you can find other sites like them like US Free Ads, Hoobly, Oodle, Adoos etc. Just search in Google for "sites like Cragslist" and you'll find them.
These sites have people posting on them all the time asking for logo and banner design all the time. What you have to do is message them with your proposal. Just tell them that you can do it for them. Show them some samples of past work if you have them. Tell them what the price will be and if they like your samples and the price is reasonable they will usually go for it.
The only thing with these sites and getting work this way is that you'll need to collect payment first. That's just the way it works. So you'll have to give them your PayPal ID or something. Another good thing to do is create a PayPal.me address. If that's available in your country then you can create one for your account like www.paypal.me/logodesign
or something to make it look professional and that you do this all the time.
Then when they have paid you and you know what kind of logo or banner they want, you then have to go off and buy this from someone else. If you know someone that has worked for you before and they are a good provider then chances are they'll get it right first time and you can then just send that to the buyer on the site you contacted them on. Unless you can add them on Skype and stuff which is what I like to do as that way you can keep in contact with them because they may need more stuff made for them later on and you can just repeat the whole thing over again without even opening Photoshop yourself!
Some things to bear in mind when / if doing this method.
- Never give the impression that you're doing the work yourself.
- But also don't give away that you're just a middleman.
- Keep things to a need to know basis only.
- Make sure to find a reliable logo maker that is affordable.
- Sell high and buy low so that you will make a profit.
- Keep past clients logos as samples to show to people.
And that is basically logo arbitrage in a nutshell! Lots of people do this all the time and the buyer is none the wiser! And for some people that get into doing this a lot, it can be quite profitable. All without even ever touching a single pixel!
Do you do anything like this and make money from this method?
What other ways of doing this are there that you know of?
What do you think about this method?